Samsung Electronics

SEOUL (Reuters) - Samsung Electronics Co Ltd, the world's biggest handset maker, has replaced the head of its mobile design team amid criticism of the latest Galaxy S smartphone. Chang Dong-hoon offered to resign last week and will be replaced by Lee Min-hyouk, vice president for mobile design, a Samsung spokeswoman said on Thursday. "The realignment will enable Chang to focus more on his role as head of the Design Strategy Team, the company's corporate design center which is...

SEOUL (Reuters) - Samsung Electronics Co Ltd on Thursday said it is investigating an allegation that a supplier in southern China used child labor. U.S. activist group China Labor Watch on Thursday released a report alleging that Dongguan Shinyang Electronic Co Ltd, a supplier of mobile phone covers and parts, hired child labor for its assembly lines. "We are urgently looking into the latest allegations and will take appropriate measures in accordance...

SAN FRANCISCO (Reuters) - Chip gear maker KLA-Tencor Corp said on Tuesday its bookings in the fiscal fourth quarter were close to $895 million or $900 million, higher than expected and helped by demand from contract chip manufacturers. KLA-Tencor said at an event with investors that in the quarter, which ended in June, contract manufacturers, known as foundries, accounted for two-thirds of its business. While bookings topped expectations, Chief Executive Rick Wallace...

SEOUL (Reuters) - Shares in Samsung Electronics rebounded on Monday, rising more than 4 percent in a market lifted by stronger-than-expected U.S. jobs data and optimism about further easing by the European Central Bank. (Reporting by Hyunjoo Jin; Editing by Chris Gallagher)

SEOUL (Reuters) - Samsung Electronics Co Ltd on Tuesday issued unexpectedly weak quarterly earnings guidance which put it on track for its worst results in two years and cast doubt on the smartphone leader's strategy against cheaper Chinese rivals. Though the South Korean company said it saw better business conditions in the third quarter, it faces slowing market growth, intensifying price competition at the lower end and the looming threat of Apple Inc's next...

SEOUL (Reuters) - Shares in Samsung Electronics Co rose 1.1 percent on Monday after a U.S. judge almost halved the $1.05 billion jury award Apple Inc had won in its mobile patents battle with the South Korean firm, and set a new trial to determine damages. Shares in Samsung were trading 0.7 percent higher minutes after the market open. (Reporting By Miyoung Kim; Editing by Stephen Coates)

More than seven years after Apple introduced the iPhone, Amazon unveiled the Fire Phone, its first foray into the smartphone market Wednesday at an event in Seattle hosted by Amazon CEO Jeff Bezos. Bezos pulled the phone out his pocket before a crowd of 300 gathered near Seattle. The $200 Fire Phone is equipped with a 3D-capable screen and an ability to recognize music and TV shows. It has 4.7-inch HD display, a quad-core 2.2GHz processor and 2GB RAM. The phone will be available on July 25 through...

By Deepa Seetharaman SEATTLE (Reuters) - Amazon.com Inc's new cellphone seeks to offer shoppers instant gratification by recognizing thousands of products, television shows and songs and allowing users to immediately buy them - on the e-commerce giant's own site, of course. The smartphone, which joins Amazon's "Fire" lineup of tablets and streaming devices, aims to stand out in a crowded field dominated by Apple Inc and Samsung Electronics . It represents an attempt to extend the company's...

July 3 (Reuters) - Samsung Electronics has acquired TV digital recording device company Boxee, the South Korean manufacturer said on Wednesday. Terms of the deal were not disclosed. Boxee is a DVR that stores content in the cloud and lets viewers watch recordings anywhere without space constraints. Most DVRs allow for a limited number of recordings before the user has to delete shows to make room for others. "Samsung has acquired key talent and assets from...

LONDON (Reuters) - Smartphones running Samsung Electronics' security software have been cleared for communications marked "official" by the British government, the company said, after they received a lower risk rating than competitors including Blackberry . The information security arm of Britain's Government Communications Headquarters (GCHQ) identified three significant risks associated with Samsung's KNOX, a platfrom that increases security on top of the...

SEOUL (Reuters) - Samsung Electronics, the iPhone's main adversary, estimated its January-March operating profit rose 53 percent to 8.7 trillion won ($7.7 billion) as sales of mid-tier smartphones helped the South Korean giant tide over the off-peak season. The guidance, released ahead of full quarterly results by April 26, was better than an average forecast for 8.3 trillion won in a poll of 42 analysts by Thomson Reuters I/B/E/S. That marks the end of...

SEOUL (Reuters) - Samsung Electronics Co Ltd, the world's biggest handset maker, has replaced the head of its mobile design team amid criticism of the latest Galaxy S smartphone. Chang Dong-hoon offered to resign last week and will be replaced by Lee Min-hyouk, vice president for mobile design, a Samsung spokeswoman said on Thursday. "The realignment will enable Chang to focus more on his role as head of the Design Strategy Team, the company's corporate design center which is...

SEOUL (Reuters) - Samsung Electronics Co Ltd on Tuesday said it expected stronger earnings in the second quarter as a pickup in sales of high-end televisions and smartphones spurs growth, after it posted its second straight fall in quarterly profit. The South Korean tech giant said the football World Cup in Brazil should help boost sales of screens and smartphones in the current quarter, as fans splurge on up-market devices like ultra high-definition...

BRUSSELS (Reuters) - The European Union's antitrust enforcer has told two top smartphone makers to stop filing aggressive patent lawsuits against rivals such as Apple, aiming to end a patent war and open the market to freer competition. The European Commission reprimanded Motorola Mobility on Tuesday for taking such action against Apple, hoping the ruling will halt a rising tide of legal disputes among rivals vying for profit in the global smartphone market. The EU's...